Mortgages, Affordable Housing

Cozen Currents: Is Harris the Answer?

Cozen O'Connor on 7/24/2024

The Cozen Lens - While it’s becoming ever clearer Vice President Harris is likely to be the Democratic nominee following President Biden’s decision to step aside, it’s less clear what the impact will be on the presidential...more

Director Thompson outlines FHFA’s efforts to promote housing access and affordability

Orrick, Herrington & Sutcliffe LLP on 5/1/2024

On April 18, Sandra L. Thompson, Director of the FHFA, addressed the U.S. Senate Committee on Banking, Housing, and Urban Affairs, emphasizing FHFA’s role in promoting access to affordable housing for homebuyers and renters...more

Hong Kong 2024-25 Budget - Real Estate Sector Highlights, Green Initiatives and Other Updates

BCLP on 2/29/2024

On 28 February 2024, Paul Chan, the Financial Secretary of Hong Kong, delivered the 2024-25 Budget (the “Budget”). Starting off by acknowledging the “challenging external environment” including “heightened geopolitical...more

FHA Proposes Enhancements to its 203(k) Rehabilitation Mortgage Loan Program

Ballard Spahr LLP on 12/4/2023

The Federal Housing Administration (FHA) recently proposed enhancements to its 203(k) rehabilitation mortgage loan program. The proposed enhancements are set forth in a draft Mortgagee Letter. FHA will accept feedback on the...more

Fannie Mae Launches New Sponsor-Dedicated Workforce Housing Loan Product

McGuireWoods LLP on 11/29/2023

Fannie Mae recently launched a new Sponsor-Dedicated Workforce (SDW) Housing product aimed at mitigating the shortage of affordable housing available for middle-income renters. Fannie Mae’s goal of introducing the SDW product...more

PropTech Update 10.16.23

Allen Matkins on 10/18/2023

“Build affordable housing.” Easier said than done. Build it where? Which surplus city properties would be good candidates for this kind of project? What types of policies do a better job of fostering housing development?...more

MoFoREAL: European Real Estate Newsletter (Q2 2023)

Morrison & Foerster LLP on 6/29/2023

Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. In this edition, we consider the risk that power procurement poses to UK...more

Poland: Government support programmes for first-time home buyers - part II

Miller Canfield on 4/13/2023

Kontynuujemy serię artykułów poświęconych rządowym programom wsparcia młodych rodzin, czy tez szerzej, młodych ludzi, w nabyciu swojego pierwszego lokum – domu albo mieszkania. W pierwszym, otwierającym artykule serii,...more

CFPB Bites of the Month - 2022 Annual Review - Mortgage

Hudson Cook, LLP on 1/13/2023

In this article, we share a timeline of our monthly "bites" for 2022 applicable to the Mortgage industry. So, what happened in 2022?...more

Either An Investor or a Dealer Be – That is the Question

Rivkin Radler LLP on 6/15/2022

The Housing Market- During the first quarter of 2022, the housing market accounted for 16.7 percent of gross domestic product (“GDP”). This figure represents a return to historic norms following the substantial reduction...more

Is the Answer to Emerging Housing Crisis an Environmental FastPass?

Maynard Nexsen on 6/2/2021

The U.S. housing market is 3.8 million units short of demand as of the end of 2020, according to a recent estimate by mortgage company Freddie Mac. Some of the causes of the current housing crisis are obvious – the COVID-19...more

CFPB Issues Report on Housing Insecurity and COVID-19

Goodwin on 3/16/2021

On March 1, 2021, the Consumer Financial Protection Bureau (CFPB) issued a report titled “Housing Insecurity and the COVID-19 Pandemic” (the Report), which summarizes some of the relevant data and research on the impact of...more

Congress Passes $1.9 Trillion COVID-19 Relief Package

Pillsbury Winthrop Shaw Pittman LLP on 3/12/2021

President Biden signs relief bill into law and begins implementation. President Biden has now signed the American Rescue Plan Act, a $1.9 trillion investment and stimulus package designed to address the ongoing COVID-19...more

ISS Publishes 2021 Proxy Voting Guidelines

Goodwin on 11/19/2020

In the News. Institutional Shareholder Services (ISS) published its proxy voting guidelines updates for 2021, which include new and updated voting recommendations on federal forum and exclusive forum provisions in companies’...more

California's 2021 Housing Laws: What You Need to Know

Holland & Knight LLP on 9/23/2020

As California's housing supply and homelessness crisis continues to worsen, the state Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. ...more

PropTech Update - August 2020

Allen Matkins on 8/13/2020

How PropTech firms struck deals during lockdown - Bullet The Real Deal – July 27 - During the first half of the year, venture capital funds invested $1.2 billion in 102 PropTech deals, according to PitchBook, compared to...more

CFPB, FHFA and HUD Announce COVID-19 Mortgage and Housing Assistance Website

Ballard Spahr LLP on 5/15/2020

On May 12, 2020, the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA) and U.S. Department of Housing and Urban Development (HUD) announced a joint COVID-19 mortgage and housing assistance...more

Watch List - Proposed Rent and Mortgage Cancellation Act of 2020 Suspends Payments During Pandemic but Requires Landlords and...

Spilman Thomas & Battle, PLLC on 4/21/2020

On April 17, a bill was introduced in the United States House of Representatives seeking to create the Rent and Mortgage Cancellation Act of 2020. The primary feature of the bill is it would suspend all rent and mortgage...more

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